Gresham exits 7city Learning

The sale was managed by Quayle Munro, with a team comprising Craig Muir, Andrew Adams and Henriette Madesen Morandi. 7city's enterprise value is £90m, approximately three-times the EV when Gresham first invested in the company. Headcount grew by 49% during Gresham's stewardship.

Following the transaction, 7city Learning will be combined with Fitch Training to form Fitch 7city Learning.

Gresham acquired the company in November 2007 for less than £30m. The deal was sourced through an auction managed by Matlin Associates. Royal Bank of Scotland provided a debt package.

Company
7city Learning is a London-based business training company, focused on financial training. Founded in 2000, the company offers courses for official qualifications, such as the FCA and FINRA diploma. It caters to 800 clients including investment banks and fund managers. 7city has operations in New York, Singapore and Dubai.

People
Partner Simon Hemley and head of portfolio James Barbour-Smith led the exit on behalf of Gresham. Paul Shaw is CEO of 7city.

Advisers
Vendor – Macfarlanes, Charles Meek, Jessica Adam (Legal). 

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Industrials
• Exits
• UK / Ireland
• Gresham Private Equity
• United Kingdom